Use of 8/9/2010 Variable Material Checklist for NY Policy Form Submissions

Friday, August 20th, 2010

As a member of the life committee of the New York State Insurance Department's task force on modernizing insurance regulation, I worked with Ms. Nelligan on the creation of a checklist for use when drafting memoranda of variable material for life and annuity policy form submissions. This was ...

NY Gov. Signs Ian’s Law to Limit Health Insurers’ Ability to Drop Patients

Thursday, August 19th, 2010

New York Governor, David Paterson, recently signed a new law that will improve health insurance protections for patients. According to the signed legislation, also known as “Ian’s Law,” health insurance companies will not be able to suddenly drop a patient or cut their benefits without following specific guidelines.The Inspiration Behind ...

More Life Insurers Subpoenaed, Young Drivers Have Higher Crash Rates and 1 in 5 Californians Uninsured

Saturday, August 14th, 2010

The New York State Attorney General has subpoenaed more life insurance companies, a new report shows that young drivers have significantly higher auto accident rates and one in five California residents are go without health insurance.More Life Insurers SubpoenaedRecently, New York State Attorney General Andrew Cuomo announced that he would be opening a ...

The Sun Also Surprises

Thursday, August 12th, 2010

DESPITE warnings that New Orleans was unprepared for a severe hit by a hurricane, America was blindsided by Hurricane Katrina, a once-in-a-lifetime storm that made landfall five years ago this month. We are similarly unready for another potential natural disaster: solar storms, bursts of gas on the sun’s surface that ...

Is An HSA Right For You?

Wednesday, August 11th, 2010

Since January 2004, scholars, experts and politicos alike have disputed the merits of the Health Savings Account. The concept of allowing individuals to opt for an HSA in lieu of a traditional managed care plan was born out of the Medicare Prescription Drug, Improvement ...

Don’t Accept a Job Without Health Care Coverage

Saturday, August 7th, 2010

Getting your hands on affordable health insurance is not an easy feat these days. Between the rising cost of health care and the increases in health insurance premiums, the ability to purchase coverage that doesn’t cost an arm and two legs is nearly impossible.It’s for this reason that many experts ...